Global Trade Talks Break Down Over Farm Issues (tags)
Trade negoatiations aimed at reaching a new global trade agreement collapsed today, dealing a blow to the Bush administration’s international economic agenda and touching off a bitter new round of recriminations between the United States and Europe over farm trade barriers. After two days of discussions, the director general of the World Trade Organization, Pascal Lamy, formally suspended the talks. American trade officials said there appeared to be little prospect of resuming the talks any time soon, probably dooming the chances of a trade accord during President Bush’s remaining time in office.